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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: uu who wrote (2080)5/13/1998 6:03:00 PM
From: Financial Internet Group  Read Replies (1) of 3967
 
***Response from Joe Lanza***

Addi,

Gee, Yang, have you been sleeping? Anyway, to answer your questions,

1. & 2. Edgar gives you these answers.

3. SSI already has sales & marketing staff, engineering & technical
support staff, service staff, the whole shootin' match. Airstar owns
SSI and SSI has the telephony people.

4. Yang, that question was answered in a previous posting by Dal. Sprint pays
SSI on dial tone, hook-up fees, billeting rooms and it pays 10% on
long distance. That is where our operating funds come from. In the month of April,
Sprint will pay SSI $515,000. About $300,000 goes to an escrow account
to pay trunking costs and to save up for monthly payments when they come due.
200,000 or so covers most SSI bills.

5. SSI is the company that got the AAFES contract from Sprint. That's
why we bought SSI.

6. Addi, what is your basic phone bill charge at home? Look at it - that
is what is called "dial tone."

7. I am impressed, Addi, this is a good question. Airstar is basically
a holding company. Select Network Systems (SNS) should (in my opinion)
be the ISP. There is no question Sprint, if they could, would use Earthlink.
The problem is, SSI has a contract. Every bean that comes from this
contract, SSI gets a shot at it. We spend 50,000,000 then Sprint grabs
all the plums? Over our dead bodies!

8. You got it. Sprint is the backer. They are paying all marketing bills and we
sell Sprint. We are like resellers except we have a switch and a signed
agreement, which gives us bigger margins.

Addi, some of your questions were very good. You've come a long way, Baby!

Joe Lanza
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